Thursday, 3 December 2015

Nifty likely to open in red on weak global signals

The Nifty is likely to open in red with the SGX Nifty trading at 7923.00, down 33.00 points at 7:46. The market is likely to be pulled lower by weak global cues. 
The Sensex ended down 51.56 points or 0.2 percent at 26117.85 and the Nifty slipped 23.55 points or 0.3 percent at 7931.35. US market ended lower, with selling accelerating in late afternoon trade after oil prices broke below USD 40 a barrel. Federal Reserve's Chairperson, Ja

net Yellen has expressed confidence in the US economy and said that she was looking forward to the day when the rate structure in the US will reflect the recovery in the economy. 

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